Best Stock Indices Indicators for Indices Trading MetaTrader 4
On MT4 platform charts menu in the MT4 Platform, the first option is the Charts Menu. The indicators list is illustrated and shown below: however it is grayed out meaning that as a trader for now you cannot use this button, so the question is how to activate? - The button key is illustrated and shown below:
How to Add Indicators to MetaTrader 4 Technical Chart Indicators Guide
This Indices Technical Chart Technical Indicators list will be activated once some trading indicators are placed on the chart, from the trading example explained and illustrated below the Indices Technical Chart Indicators list button key has been activated as displayed below once the moving average and RSI Indicators have been added on the charts as shown below:
This option in MT4 is used to list all the MetaTrader 4 indicators that have been placed on the chart. For example once you click the above button a pop-up window will then appear listing all the indicators placed on the trading chart - Indicators Collection on MT4 Chart.
As a trader you can choose any of the indicators listed here on this Indices Indicators Collection and either edit the MetaTrader 4 indicator or delete the MetaTrader 4 indicator. To edit or delete choose a single indicator and click the "Edit" or "Delete" button key.
To Edit a MT4 Indicator, once you click the edit button, then the following window will appear:
From the above Edit Buttons
- Parameters Button - Edit parameters of an MetaTrader 4 indicator such as color, line width, calculation method, & the number of price periods used to calculate the MetaTrader 4 indicator settings.
- Levels Button Key - Add a level, for example add overbought level at 80% & oversold level at 20% on RSI, by selecting the "levels" button, then selecting the point 80 and click add, & repeat for point 20. (First Select The RSI indicator to edit its settings)
- Visualization Button Key - Specify on which chart time frame MT4 indicator will popup on.
The second button key is for "Delete", if you want to delete one indicator or many of them at once, just choose one you want to delete & then press this button.
Stock Indices MetaTrader 4 Indicators - Indicators Guide - How to Add Indicators to MetaTrader 4